CENTRAL BANK HOLDS MAIN INTEREST RATE AT 37% AS EXPECTED
Turkey's central bank held its benchmark interest rate steady on Sept. 10, matching market expectations as energy cost pressures continue to pose risks to the inflation outlook.
Analysis
In-Depth Analysis
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THE MECCA TRAP: WHY TURKEY'S NEW PACT BETRAYS ITS OWN INTERESTS
The Mecca Joint defense Agreement signed by Turkey, Saudi Arabia, and Pakistan at the beginning of last month came as a surprise to many, although Turkey was interested in joining the defense agreement signed by the latter two a year ago. The new agreement goes further than defense cooperation due to a collective security pledge modelled on NATO’s famous Article 5.
PEACE COMES WITH A CATALOGUE
In Stanley Kubrick’s Dr Strangelove, the American president interrupts a scuffle between General Buck Turgidson and the Soviet ambassador with an appeal to institutional dignity. “Gentlemen, you can’t fight in here! This is the War Room.”
TURKEY STANDS TO PASS US LOYALTY TEST
The Trump administration has handed NATO allies a list of questions within the framework of an ongoing six-month Pentagon review of American forces in Europe.
ANKARA’S OUTRAGE OVER GLORIFICATION OF MLADIC
International outrage erupted following the state-supported funeral ceremony for convicted Serb war criminal Ratko Mladic in Serbia. Critics worldwide denounced the honors as an attempt to glorify a perpetrator of genocide. Turkey joined the global backlash on Sept. 8, a day after the ceremony.
US SANCTIONS TURKISH BANK AND LOGISTICS FIRMS OVER IRAN
US authorities have designated a Turkish investment bank and three Istanbul-based logistics companies under targeted sanctions for allegedly facilitating illicit Iranian financial transfers and supporting Tehran's aviation network.
ISRAEL'S NEW ANKARA ENVOY WAS BEHIND JUNE DECISION THAT ANGERED ANKARA
Joel Lion, an ultra-Orthodox rabbi and close associate of Foreign Minister Gideon Sa'ar, presented his credentials in Ankara on Sept. 9 and left the same day after attending a US Independence Day reception.
KURDISH POLITICS SET TO RESTRUCTURE IN 'TERROR-FREE TURKEY' PROCESS
Kurdish politics is preparing for a major structural overhaul as Turkey is expected to move forward with its peace initiative, referred to by the government as the 'Terror-Free Turkey' process.
NEW INDICTMENT LOOMS AS ISTANBUL MUNICIPALITY TRIAL CONTINUES
Justice Minister Akın Gürlek said a supplementary indictment is being prepared in the Istanbul Municipality corruption case, as the court’s agenda shifted from hearing detained defendants to hearing those on trial who are not in detention.
HIGH-PRECISION STRIKE TESTS AGAINST MOVING TARGETS
Turkish defense industry companies demonstrated their high-precision strike capabilities through various integrated systems.
ANKARA'S NEW ALLIANCE FACES ITS FIRST TEST
Soon after Turkey, Saudi Arabia and Pakistan announceda mutual defence pact, the Houthis stepped up their attacks, testing the new alliance.
MELİH GÖKÇEK FILE: A REAL CLEANUP IN AKP, OR A SIGNAL AGAINST THE OPPOSITION?
In a surprising move, former Ankara Mayor Melih Gökçek — long accused of corruption but never prosecuted — has been summoned to testify before the Organized Crime Investigation Bureau of the Ankara Chief Public Prosecutor's Office on Sept. 4.